Fund Description: Nuveen Missouri Premium Income Municipal Fund is a closed-end, diversified management investment company. The Fund seeks current income exempt from Federal and Missouri income tax. The secondary objective is the enhancement of portfolio value relative to the Missouri municipal bond market through investments in tax-exempt Missouri Municipal Obligations. The Fund will invest substantially all of its assets in tax-exempt Missouri Municipal Obligations rated in the four highest classes. The Fund may invest up to 20% of the Fund's assets in unrated Missouri Municipal Obligations considered to be of equivalent quality. The Fund may employ financial futures and options. The Fund may leverage up to 35% of its capital through the issuance of preferred stock. The Fund's investment advisor is Nuveen Advisory Corp.